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British Smaller Companies VCT Posts Flat NAV In Last Quarter

28th Jul 2014 14:36

LONDON (Alliance News) - British Smaller Companies VCT PLC Monday said its net asset value per share for the quarter ended June 30 was flat on the previous quarter, at 102.00 pence per share.

The venture capital trust said there were no significant underlying net asset value movements in the quarter, and total return at quarter ended was 192.7 pence per share.

"Good progress continues to be made across the company's investment portfolio and there continues to be a strong pipeline of new investment opportunities to support management teams with growth strategies or looking to lead management buy-outs," the company said in a statement.

The company's shares were up 0.6% at 91.80 pence Monday afternoon.

By Rowena Harris-Doughty; [email protected]; @rharrisdoughty

Copyright 2014 Alliance News Limited. All Rights Reserved.


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